There is no proposal under the consideration of the government at present to scrap the long-term capital gains (LTCG) tax on equity transactions for retail and domestic investors, Minister of State for Finance Pankaj Chaudhary informed Parliament on Monday. 

In a written reply to a question in the Lok Sabha, the minister further stated that tax policies, including capital gains rates, are reviewed periodically as part of the annual budget process and legislative revisions, after taking macroeconomic parameters into account.